Luxury Roundup: Geffen, Pinault, and Burkle

  • Billionaire Ron Burkle is preparing to spend “up to $50 million” on a new Manhattan residence. And Jonathan Leitersdorf’s Broadway penthouse (and Sex and the City party pad) is finally taking a breather from the luxury market.(New York Post)
  • David Geffen may be selling off millions of dollars in art (not to mention Dreamworks), but he still closed on the duplex penthouse at 810 Fifth Avenue. Also, The Observer reported last month that French billionaire Francois Pinault sold his duplex at 515 Park Avenue. According to William Neuman, the mogul is having a problem with Ian Schrager over at 50 Gramercy. (New York Times)
  • - Michael Calderone